Senate Democrats look to overturn tax deduction cap

Senate Democrats are attempting to repeal an IRS regulation that is designed to keep people from exceeding the $10,000 limit on state and local tax deductions.

Posted: Oct 22, 2019 11:41 AM
Updated: Oct 22, 2019 11:54 AM

WASHINGTON (AP) - Senate Democrats are attempting to repeal an IRS regulation that is designed to keep people from exceeding the $10,000 limit on state and local tax deductions.

Senate Minority Leader Chuck Schumer on Tuesday said Democrats will force a vote to overturn the regulation through the Congressional Review Act. He says the vote will be Wednesday.

The vote takes aim at an IRS rule from June that prohibits states from creating charitable funds that taxpayers can contribute to in exchange for a state tax credit. The workaround gave residents in some states a way to get around the limit on so-called SALT deductions.

The 2017 GOP tax overhaul limited the amount of state and local taxes that taxpayers can write off.

New York Coronavirus Cases

County data is updated nightly.

Cases: 2083623

Reported Deaths: 52914
CountyCasesDeaths
Kings27718310311
Queens2740339845
Suffolk1994113379
Nassau1822533161
Bronx1812316529
New York1368284447
Westchester1288352266
Erie883501776
Richmond739711809
Monroe667001074
Orange47851810
Rockland46656955
Onondaga38048671
Dutchess29175444
Albany24428350
Oneida22251505
Niagara19686360
Broome18344357
Saratoga15113166
Ulster13762251
Schenectady12988200
Rensselaer11104140
Putnam1053991
Chautauqua8807141
Chemung7554135
Oswego743690
Ontario729992
Steuben6775143
Sullivan654972
St. Lawrence650796
Cayuga621492
Jefferson593166
Wayne565067
Cattaraugus560087
Genesee5348123
Herkimer5102107
Clinton480333
Madison447188
Livingston437158
Fulton433891
Tompkins424151
Montgomery4203123
Columbia4008101
Cortland375660
Tioga369562
Warren358557
Wyoming351152
Allegany343384
Chenango340276
Otsego340047
Greene336575
Washington308555
Orleans305183
Lewis270734
Franklin251812
Delaware232037
Seneca198056
Schoharie166216
Essex157726
Yates116826
Schuyler103014
Hamilton3072
Unassigned12450
Out of NY0237
Utica
Mostly Cloudy
68° wxIcon
Hi: 73° Lo: 40°
Feels Like: 68°
Oneonta
Mostly Cloudy
53° wxIcon
Hi: 68° Lo: 44°
Feels Like: 53°
Herkimer
Mostly Cloudy
68° wxIcon
Hi: 75° Lo: 41°
Feels Like: 68°
Old Forge
Partly Cloudy
68° wxIcon
Hi: 66° Lo: 39°
Feels Like: 68°
WKTV Radar
WKTV Temperatures
WKTV Severe Weather
Looking for work or looking to hire? Check out the WKTV Job Fair!
Saluting Those Who Are Proud 2 Serve